$418,000

1602 Allison Ave Panama City Beach, FL 32407

$4,964
Closing credit¹
3 beds
2 full
1,835 sqft
0.1 acres
$228 / sqft
House

Property details

About 1602 Allison Ave

Beautiful Family Home or Incredible Investment Opportunity This spacious 3-bedroom, 2-bathroom home offers the perfect blend of comfort, convenience, and potential, making it an ideal choice for both families and short-term rental investors. With a thoughtfully designed, split-floorplan, this home provides plenty of space and privacy for everyone. The expansive master suite is a true retreat, featuring a garden tub, separate shower, a toilet room, and a huge walk-in closet—perfect for relaxation and comfort. The enormous kitchen is a dream, complete with granite countertops, stainless steel appliances, and abundant counter space, making it perfect for preparing meals or enjoying family time. It can come fully stocked with pots, pans, utensils and more, ready for your culinary masterpiece (Furnishings, pots, pans and the rest are negotiable) Adding to the homes charm, a separate sitting area offers a quiet space to read, relax, or set up a play area for the kids, giving everyone their own spot to unwind. With the ability to comfortably sleep 12-14 guests, including the use of sofa beds, this home is ideal for large families or as a high-demand short-term rental. Located just 5 minutes from the closest white sandy beach access, 10 minutes from St. Andrews State Park and less than 15 minutes to Pier Park youll enjoy quick and easy access to some of the areas best outdoor attractions, whether youre spending a day at the beach, shopping or exploring the parks natural beauty. Additional features include a separate laundry room with extra storage, a 2-car garage, and ample driveway space for 2-4 additional vehicles, ensuring plenty of parking for guests. Whether youre looking for a comfortable family home or a property with incredible investment potential, this home offers versatility and endless opportunities! All sizes are estimates or taken from other sources, please verify if important.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,835 sqft
Lot size0.15 Acres
Year built2006
MLS #966714
Attached garage2 spaces
FireplaceFireplace

Summary

  • MLS Number: 966714
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Karen K Smith

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 7:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a garage

$418,000

1602 Allison Ave

$4,964

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 03, 2023
Home Sold
$410,000
Mar 08, 2021
Home Sold
$275,900
Sep 20, 2010
Home Sold
$138,000
Oct 08, 2007
Home Sold
$245,000
Apr 10, 2003
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2023$165,583$1,622
2022$160,760$1,458
2021$167,887$1,458
2020$165,569$1,595
2018$158,829$1,555
2017$155,562$1,528

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

1.8 mi

7400 Patronis Dr

7

Hutchison Beach Elementary School

Public District KG-5

3.1 mi

12900 Hutchison Blvd

5

Lucille Moore Elementary School

Public District PK-5

4.8 mi

1900 Michigan Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $53,858. The majority of Panama City Beach, FL residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

41%
<35k
39%
35k-100k
19%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
12%
Single, with Kids
20%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1602 Allison Ave

This home is located at 1602 Allison Ave in Panama City Beach, FL and zip code 32407. This 1,835 square foot home, which was built in 2006, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 19, 2025 and is currently priced at $418,000.

While more than 0 listings in Panama City Beach, FL in February 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 75 were sold below. In February 2025 in Panama City Beach, FL there were 8.1% more homes for sale than in January. Listings spent 120 days on the market in February 2025, and had a median list price of $449,377 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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